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  2. Student debt - Wikipedia

    en.wikipedia.org/wiki/Student_debt

    The Economist reported in June 2014 that U.S. student loan debt exceeded $1.2 trillion with over 7 million debtors in default. In 2014, there was approximately $1.3 trillion of outstanding student loan debt in the U.S. that affected 44 million borrowers who had an average outstanding loan balance of $37,172. [46]

  3. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    Total US household debt by type over time. Student loan debt in red. In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1]

  4. Student loan - Wikipedia

    en.wikipedia.org/wiki/Student_loan

    Federal aid policies expanded loan eligibility and shifted from grants to loans [29] starting the rising student debt. The Federal Pell Grant, a form of federal aid for higher education students that does not need to be re-paid, only provides a maximum annual grant of $6,195 per student for the 2019-2020 award year. [ 30 ]

  5. Student loan debt statistics - AOL

    www.aol.com/finance/student-loan-debt-statistics...

    Student loan debt is a national crisis that affects millions of Americans. Though the Department of Education has led efforts to tackle this issue in recent years, rising education costs make it ...

  6. $2 trillion in student loan debt is in limbo under Trump - AOL

    www.aol.com/finance/2-trillion-student-loan-debt...

    American student loan debt is sky-high, with some estimates putting the total number over $2.19 trillion—that’s higher than all U.S. credit card and auto loan debt combined.

  7. 'See you in court': Trump moves to revise eligibility for ...

    www.aol.com/news/see-court-trump-moves-revise...

    The proposal would affect the Public Service Loan Forgiveness, or PSLF, program, which was created by Congress in 2007 to ease the student debt burdens of Americans in public service-oriented ...

  8. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    In 10 years, the loan program experienced 230% growth in the loan portfolio and 130% growth in the loan recipients. Student loan debt in 2019 is the highest it has ever been. According to the latest loan debt statistics, student loan debt has become the second highest consumer debt category behind mortgage debt. [15]

  9. Americans have $1.7 trillion in student loan debt. How do ...

    www.aol.com/finance/americans-1-7-trillion...

    Total sample size was 3,684 U.S. adults, of whom 1,400 have ever had a student loan and 588 currently have student loan debt. Fieldwork was undertaken on June 12-15, 2023.

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